anti-monopoly doctrines

Anti-monopoly doctrines, often referred to as antitrust laws, are regulations designed to promote competition and prevent monopolies—situations where a single company dominates a market. These laws aim to protect consumers and ensure fair business practices by prohibiting behaviors like price-fixing, market allocation, and exclusive contracts that harm competition. The goal is to encourage a diverse marketplace, fostering innovation and preventing large companies from unfairly controlling prices or limiting choices for consumers. By maintaining competitive markets, these doctrines help ensure that businesses operate fairly and efficiently, benefiting the economy as a whole.